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      Question

      An article was sold after offering 40% discount on its

      marked price such that the seller incurred a 20% loss. Find the ratio of cost price to the marked price for the seller.
      A 4:5 Correct Answer Incorrect Answer
      B 5:6 Correct Answer Incorrect Answer
      C 3:4 Correct Answer Incorrect Answer
      D 2:3 Correct Answer Incorrect Answer

      Solution

      Let the marked price of the article be Rs. ‘100x’ Then, selling price of the article = 0.60 × (100x)
      = Rs. 60x Cost price of the article = 60x × (100/80)
      = Rs. 75x Required ratio = 75x : 100x = 3 : 4

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